Monthly Archives: July 2019

EUR/USD: Euro-zone’s manufacturing PMI fell to its lowest level in more than 6.5 years in June

Posted on July 25, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.09% against the USD and closed at 1.1142, amid disappointing economic data and ahead of European Central Bank’s rate decision. On the macro front, Euro-zone’s flash manufacturing PMI … Continue reading →

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Crude Oil: Oil trading lower, ahead of EIA’s weekly crude oil inventories data

Posted on July 24, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.73% against the USD and closed at USD57.13 per barrel, after the American Petroleum Institute (API) reported that US crude oil inventories fell by 11.0 million barrels … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on July 24, 2019 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.15% against the USD and closed at USD16.40 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.51, with silver trading 0.67% higher against the … Continue reading →

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Gold: Yellow metal trading higher in the morning session

Posted on July 24, 2019 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.49% against the USD and closed at USD1417.80 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1422.50, with … Continue reading →

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AUD/USD: Australia’s CBA manufacturing PMI fell in July

Posted on July 24, 2019 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.50% against the USD and closed at 0.6998. LME Copper prices declined 0.7% or $39.5/MT to $5968.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1795.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie reverses its losses in the Asian session

Posted on July 24, 2019 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3139. In the Asian session, at GMT0300, the pair is trading at 1.3132, with the USD trading 0.05% lower against the … Continue reading →

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USD/CHF: Swiss Franc trading lower in the morning session

Posted on July 24, 2019 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CHF and closed at 0.9851. In the Asian session, at GMT0300, the pair is trading at 0.9865, with the USD trading 0.14% higher against the … Continue reading →

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USD/JPY: Japan’s machine tool orders declined in June

Posted on July 24, 2019 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the JPY and closed at 108.22. Data indicated that Japan’s final machine tool orders plunged 37.9% on an annual basis in June, following a drop of … Continue reading →

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GBP/USD: IMF raises UK’s growth forecast to 1.3% in 2019

Posted on July 24, 2019 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.32% against the USD and closed at 1.2438. Data showed that UK’s CBI total trends order unexpectedly dropped to a level of -34.0 in July, compared to market … Continue reading →

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EUR/USD: Euro-zone’s consumer confidence index rebounded in July

Posted on July 24, 2019 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.51% against the USD and closed at 1.1152. On the data front, Euro-zone’s preliminary consumer confidence index climbed to a level of -6.6 in July, compared to a … Continue reading →

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Crude Oil: Oil trading higher, ahead of API’s weekly crude oil stockpiles data

Posted on July 23, 2019 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.12% against the USD and closed at USD56.16 per barrel, after the International Energy Agency stated that it would act quickly if needed to keep the global … Continue reading →

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